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GM to raise car prices due to oil, metal costs
General Motors Co. says it will raise prices by an average of $123 per vehicle to make up for higher oil and metal costs. The company says the increase will go into effect in the U.S. starting May 2. Spokesman Tom Henderson says the increase affects...Tags: Luxury Vehicles, GMC, Commodity Markets, Chevrolet, Toyota Motor Corp.
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EU oil pricing probe spurs lawsuit against BP, others
ReutersNEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week. Prime...Tags: Justice System, Commodity Markets, Environmental Issues, Royal Dutch Shell Plc, Eric Holder
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Nikkei set to rebound from Thursday's 7.3 pct plunge
ReutersTOKYO, May 24 (Reuters) - Japan's Nikkei share average is expected to rebound on Friday after a 7.3-percent dive in the previous session, its biggest one-day percentage drop in two years after weak Chinese factory data rattled investors. Despite Thursday'...Tags: Shinzo Abe, Japan, Sprint Nextel Corporation, Metal and Mineral, Tokyo (Japan)
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Brazil delays mining bill, says to reach Congress in June
Reuters* Mining sector says languishing as new rules awaited * Quarter of expected Brazil mining investment on hold * Congress could shelve vote on bill By Leonardo Goy BRASILIA, May 23 (Reuters) - Brazil's government plans to submit its mining reform bill...Tags: U.S. Congress, Metal and Mineral, National Government, Brazil, Politics
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Dollar, euro slump versus yen on stock losses, China data
ReutersNEW YORK (Reuters) - The dollar was on track for its biggest daily drop in more than five weeks against the yen on Thursday after a sharp slide in Japanese stocks and weak Chinese factory activity data prompted a rush for the safe-haven Japanese currency....Tags: European Debt Crisis, Rentals, Economic Indicator, Italy, Environmental Issues
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U.S. cash crude differentials mostly stronger, but roll steady
Reuters* Second day of three-day roll trade * Crude futures dip after seesaw trade * Brent/U.S. crude spread narrows slightly NEW YORK, May 23 (Reuters) - Most cash crude differentials in the United States strengthened on Thursday, the second day of the roll...Tags: Valero LP, Derivative Securities
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U.S. drivers will spend $1.4 billion on gasoline over Memorial Day
Get ready for an expensive three-day weekend behind the wheel. The Union of Concerned Scientists says that Americans will spend about $1.4 billion on gasoline over the course of the Memorial Day holiday. Among those paying the most will be...
Tags: Hybrid Vehicles, Holidays, AAA, Manufacturing and Engineering, Human Interest
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NYSE says AEP, NextEra trades stand after crash at open
ReutersNEW YORK (Reuters) - All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock Exchange said, following the latest in a flurry of unexplained sharp...Tags: Standard & Poor's Financial Services LLC, NYSE Euronext, Inc., Anadarko Petroleum Corporation, U.S. Securities and Exchange Commission, Financial Markets
May 27, 2011
|Story| Chicago Breaking Business
May 27, 2011
|Story| Chicago Breaking Business
Apr 18, 2011
|Story| Chicago Tribune
May 25, 2011
|Story| Chicago Breaking Business
May 25, 2011
|Story| Chicago Breaking Business
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Reuters
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